|
|
magicgraham Regular user Mesa Arizona 138 Posts |
Hi any one got some advice for insuring illusions and props both for while in storage and or in transit, one local magician mentioned something about a marine style policy
|
Kevin Ridgeway V.I.P. Indianapolis, IN & Phoenix, AZ 1832 Posts |
What you are looking for is called an Inland marine Policy. There are several threads that cover this.
Here are links to various threads concerning it. http://www.themagiccafe.com/forums/viewt......;forum=7 http://www.themagiccafe.com/forums/viewt......;forum=7 http://www.themagiccafe.com/forums/viewt......forum=44 http://www.themagiccafe.com/forums/viewt......forum=44 Hope that help. Kevin
Living Illusions
Ridgeway & Johnson Entertainment Inc Kevin Ridgeway & Kristen Johnson aka Lady Houdini The World's Premier Female Escape Artist www.LadyHoudini.com www.livingillusions.com |
magicgraham Regular user Mesa Arizona 138 Posts |
Thank you for the links, will this type of policy cover the props while in a storage unit as well as when you are on the road or just when they are on the road
|
Kevin Ridgeway V.I.P. Indianapolis, IN & Phoenix, AZ 1832 Posts |
That will depend on what the underwriter puts restrictions on. They will sometimes require an alarm on a vehicle...they may only want your items in a storage unit that is manned 24/7 or has a gated entry. It's all up to them. But most likely you should be covered in a storage unit as well as on the road.
Kevin
Living Illusions
Ridgeway & Johnson Entertainment Inc Kevin Ridgeway & Kristen Johnson aka Lady Houdini The World's Premier Female Escape Artist www.LadyHoudini.com www.livingillusions.com |
Dorian Rhodell Inner circle San Francisco, CA. 1633 Posts |
You might want to also look into what is known as Personal Articles Policy. This policy schedules each seperate peice of property and is relatively inexpensive. It is an open peril policy, which means it is covered anywhere in the world for theft, fire, mysterious disappearance, etc. You will need receipts and descriptions for each illusion. You will probably want to be as detailed as possible and include pics so the underwriter knows EXACTLY what they are insuring. Talk to whoever handles your auto insuranceand see if they can point you in the right direction. If these illusions are being used for business purposes, there may be some restrictions. If your insurance company or a regular company can not insure these items, which they may not be able to, due to lack of rating factors, uniqueness of items, etc. you can always go to Lloyd's of London and choose a broker(s) that will accept the risk.
If I can help any further, let me know. Ok, who wants to guess what I do for a day job? Best, Dorian Rhodell |
Bob Sanders 1945 - 2024 Magic Valley Ranch, Clanton, Alabama 20504 Posts |
In shipping, make sure that you are covered. If you do professional gigs, you are frequently covered at the destination but not in transit.
Even in transit, recovery can be interesting. One of the hardest claims I had to deal with was FedEx for a lost Flying Carpet. There was no problem identifying the shipping documents. The problem was making them believe that the Flying Carpet was ever real. Make pictures! (Yes, they did pay up.) Good Luck! Bob Sanders Magic by Sander |